Midland States Bancorp, Inc.

Midland States Bancorp, Inc.verified

MSBI

Price:

$22.66

Market Cap:

$484.77M

Midland States Bancorp, Inc. operates as a financial holding company for Midland States Bank that provides various banking products and services to individuals, businesses, municipalities, and other entities. It operates through Banking, Wealth Management, and Other segments. The company accepts various deposits, such as checking, savings, money market, and sweep accounts, as well as certificates of deposits. It also offers term loans to purchase capital equipment; lines of credit for working capital and operational purposes; commercial real estate loans for owner occupied and non-owner occupied commercial property, as well as farmland loans; construction and land development loans developer...[Read more]

Industry

Banks - Regional

IPO Date

2016-05-24

Stock Exchange

NASDAQ

Ticker

MSBI

The Current Ratio as of September 2024 (TTM) for Midland States Bancorp, Inc. (MSBI) is 0.06

According to Midland States Bancorp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -99.55% compared to the average of 13.54 of the last 4 quarters.

Midland States Bancorp, Inc. (MSBI) Historical Current Ratio (quarterly & annually)

How has MSBI Current Ratio performed in the past?

The mean historical Current Ratio of Midland States Bancorp, Inc. over the last ten years is 120.65. The current 0.06 Current Ratio has changed -94.90% with respect to the historical average. Over the past ten years (40 quarters), MSBI's Current Ratio was at its highest in in the December 2015 quarter at 623.81. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

120.65

Median

24.18

Minimum

0.05

Maximum

623.81

Midland States Bancorp, Inc. (MSBI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Midland States Bancorp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 5.40%

Maximum Annual Current Ratio = 623.81

Minimum Annual Increase = -99.77%

Minimum Annual Current Ratio = 0.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.05-99.77%
202222.02-16.40%
202126.3425.47%
202020.99-90.39%
2019218.35-8.43%
2018238.455.40%
20174.3328.41%
20163.38-99.46%
2015623.811.18%
201448.80-64.21%

Midland States Bancorp, Inc. (MSBI) Average Current Ratio

How has MSBI Current Ratio performed in the past?

The current Current Ratio of Midland States Bancorp, Inc. (MSBI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

16.13

5-year avg

57.55

10-year avg

120.65

Midland States Bancorp, Inc. (MSBI) Current Ratio vs. Peers

How is MSBI’s Current Ratio compared to its peers?

Midland States Bancorp, Inc.’s Current Ratio is greater than MidWestOne Financial Group, Inc. (0.06), less than Equity Bancshares, Inc. (0.12), less than First Mid Bancshares, Inc. (0.17), greater than ConnectOne Bancorp, Inc. (0.05), greater than Civista Bancshares, Inc. (0.04),

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